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Chinook Mergers, Acquisitions and Business Brokerage is excited to present a phenomenal opportunity to purchase a franchised home care business on Southern Vancouver Island.
The business offers an extensive range of home care and home support services. Although only in operation three years, the business has seen dramatic growth and now employs more than 33 part-time care-givers and generates over 1.3 million in annual revenues. The company is extremely profitable with an adjusted EBITDA of more than $200,000 and Seller’s Discretionary Earnings in excess of $250,000. Even with the rapid growth, there are still tremendous opportunities to grow the business under the auspices of a new and motivated owner.
The business is being offered as a share sale and the purchase price includes $75,000 in net working capital.
This is an excellent opportunity to purchase a profitable business supported by a reputable franchisor in a burgeoning industry with significant opportunities for future growth. The franchisor offers is prominent in the space with a multitude of profitable franchises operating across Canada, U.S., and the U.K.
For more information, please contact Keith Mackenzie
Lease is month to month, landlord is open to longer term if required.
$20,000 (CAD) per annum
The business is based in Victoria and services clients across the Greater Victoria Regional District
750 square foot office space and includes a boardroom and two offices.
All work is performed in client homes or facilities.
The business has been growing rapidly since it was founded. There is no reason to believe that the growth will not be maintained.
As with any profitable business, competition does exist.
The current owners will ensure that the new owners have the required support and training.
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